News

In the five weeks 26 May – 29 June 2019 Scottish sales decreased by 3.1 per cent on a like-for-like basis compared with June 2018, when they had increased by 2.0 per cent. This is below the 3-month average decrease of 1.0 per cent.

Edinburgh’s Cameron Toll shopping centre has been sold in £38 million deal backed by funding from Royal Bank of Scotland. The transaction sees Franklin Templeton Investments acquire the site which has spaces taken up by Aldi, Argos, Boots and Sainsbury’s.

Cumbernauld-based Irn-Bru maker AG Barr's share price fell sharply yesterday after the company issued a profit warning. The firm said it expected sales to drop by 10 per cent and profits by up to 20 per cent as they struggle against a strong year in 2018.

As Brexit uncertainty marches on, the latest Citibase Business Confidence Index reveals that Scottish SMEs are well equipped for the future with 51 per cent reporting that they have already started - or are about to start - creating strategies to deal with post-Brexit issues. More interestingly, 47

A new 5-star hotel, bringing 65 new jobs to the city, has opened in Inverness in a development supported by £4.5 million of funding from Barclays. The 47-bedroom Ness Walk is the latest addition to Kingsmills Hotel Group’s portfolio.

The Association of Chartered Certified Accountants (ACCA) has reported that 125,000 students around the world entered its latest exam sitting held in June, in which almost 160,000 exams were taken and 4,923 students completed their final exams to become ACCA affiliates.

A massive cyber attack on Bulgaria's tax office might have compromised the security of almost all adult residents' information and left officials the subject of ridicule from the hackers.

Tom MacLennan and Arvindar Jit Singh, partners with FRP Advisory LLP, have been appointed provisional liquidators of Steven Brown Art Limited, the company famous for its colourful range of ‘McCoo’ artwork, prints and merchandise. The Ayr-based business, which was founded in 2016, had a t

Wealth management firm Charles Stanley has announced the appointment of Sam Cowan as a financial planner in Edinburgh. Mr Cowan joins the firm from Tilney, where he has worked since graduating in 2012. A financial planner at Tilney since May 2015, he manages a portfolio of high net worth individuals

Edinburgh-based Symphonic Software has announced the appointment of Angela Brown as finance director. Ms Brown brings over 20 years' experience as a chartered accountant and 13 years' experience as leader of the Scottish business advisory team at international accountancy firm Mazars.

Industry body Oil & Gas UK (OGUK) has announced the appointment of Alistair Stobie, chief financial officer at Hurricane Energy, to its board. Hurricane Energy has developed pioneering approaches to exploration, particularly in the frontier region West of Shetland and the company has recently ac

Law firm CMS has appointed contentious IP specialist Neeraj Thomas as an of counsel in the firm’s technology & media practice in Glasgow. He joins from Burness Paull, where he was a senior associate. Mr Thomas has extensive experience advising clients in disputes concerning patents, tradem

Average house prices in Scotland will grow by 14 per cent to reach £170,000 by 2022 if a no-deal Brexit is avoided, according to new analysis from PwC. If a no-deal Brexit does not take place, house prices are expected to grow 1.7 per cent this year, rising to 2.4 per cent next year and a furt

Altus Strategies, an Africa-focused project and royalty generator in the mining sector, has announced the appointment of Martin Keylock as chief financial officer and company secretary. Mr Keylock, a chartered accountant and graduate of the University of Glasgow and Aston University, joined the comp

Plans for a UK digital service tax designed to raise £400 million a year by 2022 may have to be scrapped under the terms of a UK-US trade deal, campaigners have warned. Global Justice Now said Boris Johnson's enthusiasm to conclude a "quick" trade deal if he becomes Prime Minister next week wo